DICK’S Sporting Goods’ (DKS) Outperform Rating Reiterated at Telsey Advisory Group

DICK’S Sporting Goods (NYSE:DKS)‘s stock had its “outperform” rating reaffirmed by stock analysts at Telsey Advisory Group in a report issued on Friday,Benzinga reports. They currently have a $250.00 target price on the sporting goods retailer’s stock. Telsey Advisory Group’s price objective would indicate a potential upside of 33.91% from the stock’s previous close. Telsey Advisory Group also issued estimates for DICK’S Sporting Goods’ Q1 2026 earnings at $3.23 EPS, Q2 2026 earnings at $4.37 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $3.89 EPS, FY2026 earnings at $14.40 EPS and FY2027 earnings at $15.48 EPS.

A number of other equities research analysts have also recently issued reports on the stock. TD Cowen lifted their price target on shares of DICK’S Sporting Goods from $270.00 to $294.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Guggenheim reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. Morgan Stanley upped their price target on shares of DICK’S Sporting Goods from $245.00 to $255.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Wedbush reiterated a “neutral” rating and set a $215.00 price objective on shares of DICK’S Sporting Goods in a research note on Wednesday. Finally, Robert W. Baird dropped their price target on DICK’S Sporting Goods from $235.00 to $230.00 and set a “neutral” rating for the company in a research report on Wednesday. Nine analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $245.09.

DICK’S Sporting Goods Stock Performance

Shares of NYSE DKS opened at $186.69 on Friday. The company has a market capitalization of $15.21 billion, a PE ratio of 13.34, a price-to-earnings-growth ratio of 2.47 and a beta of 1.53. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.56 and a current ratio of 1.72. The company’s fifty day moving average price is $230.08 and its 200 day moving average price is $218.77. DICK’S Sporting Goods has a 1 year low of $182.84 and a 1 year high of $254.60.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, March 11th. The sporting goods retailer reported $3.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.15. The business had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.76 billion. DICK’S Sporting Goods had a net margin of 8.65% and a return on equity of 42.00%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the company posted $3.85 EPS. On average, research analysts predict that DICK’S Sporting Goods will post 13.89 earnings per share for the current year.

DICK’S Sporting Goods announced that its board has initiated a stock buyback plan on Tuesday, March 11th that permits the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization permits the sporting goods retailer to reacquire up to 18.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Activity at DICK’S Sporting Goods

In related news, Chairman Edward W. Stack sold 160,600 shares of DICK’S Sporting Goods stock in a transaction on Monday, January 6th. The stock was sold at an average price of $229.25, for a total value of $36,817,550.00. Following the completion of the transaction, the chairman now directly owns 8,362,128 shares in the company, valued at approximately $1,917,017,844. This trade represents a 1.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Julie Lodge-Jarrett sold 5,000 shares of the business’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $227.99, for a total value of $1,139,950.00. Following the transaction, the executive vice president now directly owns 16,504 shares of the company’s stock, valued at $3,762,746.96. The trade was a 23.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 172,933 shares of company stock worth $39,655,456. 32.03% of the stock is currently owned by company insiders.

Institutional Trading of DICK’S Sporting Goods

Hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. increased its position in shares of DICK’S Sporting Goods by 20.7% in the 3rd quarter. Assetmark Inc. now owns 1,831 shares of the sporting goods retailer’s stock valued at $382,000 after purchasing an additional 314 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in DICK’S Sporting Goods by 12.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 143,056 shares of the sporting goods retailer’s stock valued at $29,856,000 after buying an additional 15,591 shares during the last quarter. Victory Capital Management Inc. raised its stake in DICK’S Sporting Goods by 99.1% in the third quarter. Victory Capital Management Inc. now owns 124,119 shares of the sporting goods retailer’s stock valued at $25,904,000 after buying an additional 61,767 shares in the last quarter. Plato Investment Management Ltd purchased a new stake in DICK’S Sporting Goods during the 3rd quarter worth about $75,000. Finally, KBC Group NV boosted its position in shares of DICK’S Sporting Goods by 887.3% during the 3rd quarter. KBC Group NV now owns 250,374 shares of the sporting goods retailer’s stock worth $52,253,000 after acquiring an additional 225,015 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Company Profile

Dick’s Sporting Goods, Inc engages in the retailing of an extensive assortment of authentic sports equipment, apparel, footwear, and accessories. It also offers its products both online and through mobile applications. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.